economy
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America is considering lifting tariffs on Indian oil after the decline in Russian oil prices
The US Treasury Secretary hinted at lifting tariffs on India after its imports of Russian oil fell to their lowest level in two years, and a return to…
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Oil prices jump to their highest levels, with Brent crude nearing $66
Oil prices, with Brent crude reaching a one-week high, were supported by sanctions on Iran and the shutdown of the Tengiz oil field in Kazakhstan. Learn more…
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Saudi Riyal exchange rate in Egypt today, daily updates and bank rates
Find out the Saudi Riyal exchange rate against the Egyptian Pound today at the Central Bank and commercial banks. Price stability and sales details…
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Gold is approaching $5,000 and silver has surpassed $100 for a historic period
Gold prices hit record highs nearing $5,000 an ounce amid expectations of an interest rate cut, while silver broke the $100 barrier for the first time…
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Bank of Japan Governor sets interest rate path and future monetary policy course
Bank of Japan Governor Kazuo Ueda revealed the conditions for another interest rate hike, emphasizing the importance of monitoring economic data. Learn about the background of the decision and its impact…
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Rising US oil inventories and their impact on global markets
US oil inventories unexpectedly rose, putting pressure on energy prices. Learn about the reasons for this increase and its impact…
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Saudi Arabia is a global logistics and technology hub: Key statements from Davos
The Saudi Ministers of Commerce and Communications will showcase the Kingdom's potential to become a global logistics hub and a partner in computing and artificial intelligence within the framework of Vision 2030 in Davos…
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Non-Saudis can now own property in Saudi Arabia: conditions and application process
The system allowing non-Saudis to own real estate in Saudi Arabia has officially been implemented. Learn about the ownership requirements for residents, foreigners, and companies, and how to apply through…
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Syria's 2026 budget: Spending tripled for reconstruction
The Syrian finance minister announces that spending in the 2026 budget will more than triple to fund infrastructure and oil projects, while ruling out resorting to [unspecified means]
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Aramco CEO: Oil demand is strong and oversupply forecasts are exaggerated
Aramco CEO Amin Nasser, speaking from Davos, affirmed the strength of global oil demand, denying any oversupply and warning of a decline…
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